Kyocera and LO3 ENERGY to Demonstrate Blockchain-Managed Virtual Power Plant Press Information
Background and Purpose
In Japan, where renewables play a major role in the government's energy portfolio plans, a dedicated research initiative is under way to create new "smart" energy networks. Kyocera has continually provided solar power generating systems and storage batteries for Japan's government-led VPP test projects, developing new expertise in remotely controlled distributed power resources. By combining Kyocera's expertise with L03 Energy's blockchain technologies, the companies will evaluate VPPs that promote a low-carbon society without fuels or CO2 emissions.
●"Kyocera is committed to developing low-carbon solutions that maximize renewable energy resources/' said Hironao Kudo, Deputy General Manager of Kyocera Corporation's Corporate R&D Group. “We are excited to be the company in the area of grid management in Japan to collaborate with L03 Energy, which has consistently proven its blockchain technologies all around the world." Kyocera entered the renewable energy field in the 1970s with solar photovoltaic (PV) modules and has continued to diversify its business into storage batteries and HEMS solutions.
●"The need to reduce carbon emissions is exerting a profound impact on energy providers worldwide," said Lawrence Orsini, CEO of LO3 Energy. "Using distributed ledger technologies, our networks enable the micro energy transactions needed to meet this challenge. We believe the synergies between Kyocera and LO3 Energy will produce a new generation of virtual power plants that can accelerate Japan’s transition to a low-carbon society.”
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Technical Documentation |
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Please see the document for details |
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English Chinese Chinese and English Japanese |
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March 12th, 2019 |
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544 KB |
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